Pursuant to the confidential terms of the agreement, AVC, which has an equity stake in iCurie, will develop and install the production lines to manufacture iCurie's patented iCurie Cooled(TM) nano-technology cooling system on exclusive manufacturing rights for Taiwanese and Chinese markets and non-exclusive rights for other markets in coming months. The manufacturing lines will significantly expand iCurie's distribution capabilities, and enhance its ability to deliver its revolutionary cooling system into real market in a timely manner.

Last month, iCurie Lab Holdings, Ltd. announced that its patented iCurie Cooled(TM) nano-technology cooling system, had passed performance testing and
received certification from LG Electronics, Inc. (KOREA:066570), one of the top five manufacturers in the world of OEM PCs. iCurie's Chief Executive, Dr. Jeong Hyun Lee, Ph.D., former NASA and Samsung Engineer said, "We are delighted that a world leader such as AVC has recognized the potential of our patented iCurie Cooled(TM) nano-technology system. The support of AVC to meet the demand of the trillion dollar PC

market, and the recent certification from LG Electronics, Inc., lend credence to iCurie's patented self circulating cooling module's ability to replace bulky, noisy and battery draining cooling systems in today's computers with thinner, smaller, quieter and less power consuming coolers."

Dr. J.C Lin, CTO of AVC noted, "We are confident in iCurie's technology to capitalize on the opportunity to market its cooling product which achieves high cooling efficiency such that it is suitable not only as a cooling module for mobile computers like the tablet and next generation note PCs, PDAs and smart phones but also in Desktop PCs. It has a powerful competitive edge as the next generation cooling system."

The patented iCurie technology provides the basis for a quantum leap forward in one of the greatest barriers to ever-increasing computer processing speeds - heat. The iCurie solution is unique in that its microchannels act like pumps and its micro thin structures dissipate heat to the environment more efficiently, up to 400% greater than current methods. Due to its high heat dissipation, the iCurie technology could eliminate noisy fans in some PCs
and laptops altogether. The firm has garnered global interest in its light-weight, power sipping refrigeration system as a growing number of notable technology companies, universities and government agencies have focused on the impending heat barrier in electronics.

Hansen Gray & Company, Inc., is the lead venture capital firm backing iCurie. Mark E. Gray, CEO of Hansen Gray commented, "The strategic relationship with AVC will allow iCurie to scale up to meet the growing demand for its innovative product with greater quality control. This is truly an exciting time for iCurie."

iCurie Lab Holdings, Ltd. is a U.K. holding corporation based in London, England. Through its sister company iCurie Labs, Inc. in Seoul Korea it operates a technology research and development laboratory specializing in next generation cooling technologies. The company's technology has a wide array of cooling applications in development including computer chips, cellular telephones, automotive, refrigeration, heating and air conditioning and specialized defense applications. Additional information on iCurie and the technology is available at http://www.icurie-lab.com .

AVC, HQ in Taiwan, is the world's largest CPU cooler supplier equipped with more than 100 R&D members and production floor of over 55,000 square meter located in Taipei and Kaoshiung, Taiwan and Shenzhen and Shanghai, China. AVC is also a leading provider of various thermal products, including DC fan, heat sink, thermal module and heat pipes used in mobile computers as well as desk tops. AVC's customers include most of the first tier OEM/ODM PC
and mobile PC makers. AVC is a vertically integrated and R&D oriented company, providing thermal problem solving capability ranging from component to system level and from theoretical simulation to reality.

Hansen Gray & Company, Inc., (OTC: HGCI) is an investment banking firm based in Atlanta, Georgia. The firm's area of investment specialization is primarily lifesciences, alternative energy sources and emerging technologies.

Additional information on the firm is available at http://www.hansengray.com or by calling (770) 781-6500.
Web site: http://www.icurie-lab.com